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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I find an ideal single fund to invest all my money in? ### Answer: A single fund that reflects the local currency would be an index fund in the country. Look for mutual funds which provide for ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I cosigned for a friend who is not paying the payment ### Answer: I am not sure how anyone is answering this unless they know what the loan was for. For instance if it is for a house you can put a li...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the US Fair Tax? ### Answer: In a nutshell - Value Added Tax. America, as usual, discovers what others have known and used for years. The idea of not taxing income that's tied to it is ridicul...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Covered calls: How to handle this trade? ### Answer: I would expect that your position will be liquidated when the option expires, but not before. There's probably still some time value so it doesn't ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do I not have a credit score? ### Answer: You can't get your credit score for free, just the report with the information the score is based on. If you got credit reports through annualcreditreport.c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any online personal finance software without online banking? ### Answer: I don't think Xero Personal does. I have my bank account in there, but since there's no automatic feed for the bank I ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What drives the stock of bankrupt companies? ### Answer: What drives the stock of bankrupt companies? Such stock is typically considered "distressed assets". Technically, what drives it is what drive...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Small investing for spending money? ### Answer: The existing answers are good, I justed wanted to provide a simpler answer to your question: Would I be able to invest this in a reasonable way that it ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to get rid of someone else's debt collector? ### Answer: Step 1)I answer the phone saying it is illegal to call my cell phone and I want all further communications in writing. Put this number on t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it a good idea to put everything in the S&P500? ### Answer: What you choose to invest in depends largely on your own goals and time horizon. You state that your time horizon is a few decades. Most...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I'm 23 and was given $50k. What should I do? ### Answer: First of all, I am sorry for your loss. At this time, worrying about money is probably the least of your concerns. It might be tempting to try ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In a competitive market, why is movie theater popcorn expensive? ### Answer: In my experience, there's usually only one or two theatres within a small city. Maybe a few more in larger cities, but thos...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would you withdraw your money from your bank if you thought it was going under? ### Answer: I have two different thoughts on this subject. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to measure a currencies valuation or devaluation in relevance to itself ### Answer: It's very hard to measure the worth of an abstract concept like money, particularly over long periods of time. I...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can my employer limit my maximum 401k contribution amount (below the IRS limit)? ### Answer: My old company did this and set a limit at 13 percent which for me kept me well below putting the max into ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is property investment good if properties de-valuate over time? ### Answer: When you buy a property the house or the building goes down in value every year (it gets depreciated) similar to when yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Didn't apply for credit card but got an application denied letter? ### Answer: The use of an old address would make me suspect that your data was stolen from some database you had registered to long a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can a person protect his savings against a country default? ### Answer: These have the potential to become "end-of-the-world" scenarios, so I'll keep this very clear. If you start to feel that any...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: My company didn't pay taxes on my behalf ### Answer: Many a time even if the tax is deducted and paid by the company it does not reflect as a credit against your PAN for various reasons like, you not ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where do I invest my Roth IRA besides stock market and mutual funds? ### Answer: Many investment companies are also offering target retirement date portfolios to invest in. They manage reducing the r...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the benefits of opening an IRA in an unstable/uncertain economy? ### Answer: Yes, it's possible to withdraw money without penalty but you have to do it in a special way. For example you have ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Starting long-term savings account as a college student ### Answer: Great question and great of you to be paying attention to this. Right now having the ability to save $2K per year might seem very o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I sell when my stocks are growing? ### Answer: Try to find out (online) what 'the experts' think about your stock. Normally, there are some that advise you to sell, some to hold and some to buy...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What benefits are there to having a Pension (Retirement Account) In Ireland? ### Answer: Here's an Irish government publication that should give you some background information to get you started. In ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I handle fund minimums as a beginning investor? ### Answer: I like Keshlam's answer and would like to add a few notes: While your enthusiasm to invest is admirable learning patience is a key as...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Diversification reduces risk, but does this base on the assumption that expected return of each asset is always in proportion to its risk? ### Answer: If you have 100% of your money in one security th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does a preferred share “Annual Concurrent Retraction Privilege” work? ### Answer: A retraction privilege is a right extended to the shareholder that allows such shareholder to demand repayment of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are interest rates on saving accounts so low in USA and Europe? ### Answer: The United States Federal Reserve has decided that interest rates should be low. (They think it may help the economy. Th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax on Stocks or ETF's ### Answer: No, not really. This depends on the situation and the taxing jurisdiction. Different countries have different laws, and some countries have different laws for differ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Could the loan officer deny me even if I have the money as a first time home buyer? ### Answer: A financial institution is not obligated to offer you a loan. They will only offer you a loan if they be...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't forced buy-ins of short sold stock happen much more frequently? ### Answer: Many investors don't invest for the short term and so a stock "nose-diving" in the short run will not affect their...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is the contribution towards Employment Insurance (EI) wasted if I never get fired, or are my premiums refunded? ### Answer: It is not wasted: it bought you peace of mind. Perhaps you would have had pe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is being “upside down” on a mortgage so bad? ### Answer: Being underwater a little is not all that scary, but those who talk of being underwater are typically underwater by quite a lot. The amoun...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I interpret this analysis from Second Opinion? ### Answer: This is analyst speak for "the stock isn't going anywhere anytime soon". Remember these guys are offering advice to the entire univers...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How Often Should I Chase a Credit Card Signup Bonus? ### Answer: An inquiry to your credit report is a slight ding and lasts 2 years. I'd suggest that if you are playing the bonus game you watch your ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 2008-2009 Stock Market Crash — what caused the second drop? ### Answer: The second drop was part of the same event. The short-term resurgence is often called a "dead cat bounce". Mongus Pong's answer ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is buying a home a good idea? ### Answer: It certainly seems like you are focusing on the emotional factors. That's your blind spot, and it's the surest path to a situation where your husband gets to...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Hypothetical: can taxes ever cause a net loss on otherwise-profitable stocks? ### Answer: The original post's $16 has two errors: Here is the first scenario: . ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is good growth? ### Answer: If your question is truly just What is good growth? Is there a target return that's accepted as good? I assumed 8% (plus transaction fees). Then I'd have to point o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Ways to get individual securities from ETF's ### Answer: ETFs are legally required to publicly disclose their positions at every point in time. The reason for this is that for an ETF to issue shares o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does investing in commodities/futures vary from stocks? ### Answer: As Dilip has pointed out in the comment, investing in commodities is to either delivery or Buy. Lets say you entered into buying...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Refinancing a vehicle, longer term with extra in the kitty, or shorter term and just make scheduled payment? ### Answer: Refinancing a car for anything other than lowering the rate is not a good idea....
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to account for Capital Gains (Losses) in double-entry accounting? ### Answer: Capital is an Asset. Decreasing value of capital is the decreasing value of an asset. When you buy the forex asset * D...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will there always be somebody selling/buying in every stock? ### Answer: Well Company is a small assets company for example it has 450,000,000 shares outstanding and is currently traded at .002. Almos...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will my current employer find out if I have a sole proprietarship/corporation? ### Answer: Tell your employer during your initial contract Terms of Service discussions. Ordinarily, this is boilerplat...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: A guy scammed me, but he gave me a bank account number & routing number. Can I use that to take out what he owes me? ### Answer: What legal way can I take what I am owed from this guy? The legal ways ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Relation between inflation rates and interest rates ### Answer: When the inflation rate increases, this tends to push up interest rates because of supply and demand: If the interest rate is less than ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Sole proprietorship or LLC? ### Answer: The primary advantage is protection of your personal assets. If your LLC gets sued, they can't take your house/car/dog/wife. There aren't really any financial i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: To rebalance or not to rebalance ### Answer: Rebalancing is, simply, a way of making sure your risk/reward level is where you want it to be. Let's say you've decided that your optimal mix is 50% stock...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I find if I can buy shares of a specific company? ### Answer: A company whose stock is available for sale to the public is called a publicly-held or publicly-traded company. A public company'...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Layman's guide to getting started with Forex (foreign exchange trading)? ### Answer: Unless you have a lot of money to get rid of you should spend at least a year trading with a dummy account. It take...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Wells Fargo Brokerage has no shares of stock to short ### Answer: This is the bird's eye view of how shorting works: When you place an order to sell a stock short, your broker attempts to grab the des...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why does Warren Buffett say his fund performance, relatively, is likely to be better in a bear market than in a bull market? ### Answer: Buffett is a value investor. His goal is to buy good companies ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a negotiable security and how are they related to derivatives? ### Answer: As Dheer pointed out, Wikipedia has a good definition of what a negotiable instrument is. A security is an instrumen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Which dividend bearing stock should be chosen by price? ### Answer: Don't ever quantify a stock's preference/performance just based on the dividend it is paying out Volatility defined by movements in ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I've got $100K to invest over the next 2 to 7 years. What are some good options? ### Answer: Given your timeframe, risk tolerance, and the fact that you don't need this money, I would suggest a balanc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is a naked put really that risky ### Answer: So, yes, you may be having the inevitable epiphany where you realize that options can synthetically replicate the same risk profile of owning stock outrigh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a Student Loan and does it allow you to cover a wide range of expenses relating to school? ### Answer: Short answer: student loans are loans given to people that are currently enrolled in scho...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What return are you getting on your money from paying down a mortgage on a rental property? ### Answer: As Chris pointed out: If your expenses are covered by the income exactly, as you have said to as...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: End-of-season car sales? ### Answer: It completely varies by manufacturer, dealer, and time of year, but in general yes, you can get a (sometimes significant) discount on brand new last year models. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Beginning investment ### Answer: Your question is very broad. Whole books can and have been written on this topic. The right place to start is for you and your wife to sit down together and figure out...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why use accounting software like Quickbooks instead of Excel spreadsheets? ### Answer: Why use spreadsheets rather than writing your forms and formulas directly in a programming lanuage? Because you'v...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do you translate a per year salary into a part-time per hour job? ### Answer: If you're really a part-time worker, then there are some simple considerations.... The remote working environment, cho...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Executor of will ### Answer: I strongly doubt that being executor will make the assets of the estate vulnerable to a suit against him personally. The estate is it's own separate legal entity with its ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Effect of Job Change on In-Progress Mortgage Application ### Answer: Best advice is to ask your lender. That being said, if you are changing jobs, but keeping the same type of job you are usually ok ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Income Tax and Investments ### Answer: The $50k is subject to the appropriate income taxes, which may include FICA taxes including the employer share if you are self employed. The after tax money can ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Cheapest USD to GBP transfer ### Answer: Use a remitting service such as Ria Money Transfer. Almost all these services allow you to transfer upto $2999 at a time. So, you would be able to transfer the...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is the price of my investment only updated once per day? ### Answer: Mutual funds are collections of investments that other people pay to join. It would be simpler to calculate the value of all t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Choosing the “right” NAPFA advisor, and whether fees are fair, etc.? ### Answer: Usually your best bet for this sort of thing is to look for referrals from people you trust. If you have a lawyer or ot...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What gives non-dividend stocks value to purchasers? [duplicate] ### Answer: One way to value companies is to use a Dividend discount model. In substance, it consists in estimating future dividends and...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is business the only way to become a millionaire? ### Answer: Not at all. The Millionaire Next Door offers a book full of anecdotes on couples that earned money and saved their way to being millionair...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Double-entry accounting: how to keep track of mortgage installments as expenses? ### Answer: Because a paying down a liability and thus gaining asset equity is not technically an expense, GnuCash will...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do credit checks affect credit scores? ### Answer: While one credit provider (or credit reference agency) might score you in one way, others may score you differently including treating different thin...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What does the phrase “To make your first million” mean? ### Answer: When people are crowing about their achievements, they often take liberties with those achievements. Vitalik's interpretation -- net...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the best way to learn investing techniques? ### Answer: All the things you suggest are good, but I think like everything else the key is practice. Study some topics, then try them out. There...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What intrinsic, non-monetary value does gold have as a commodity? ### Answer: Borrowing Wikipedia for a bit, it seems like the intrinsic uses are these. I've ordered these approximately in technology-...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will ADR holder be taxed twice ### Answer: Surprisingly enough, this one isn't actually all that complicated. No, you will not be taxed twice. Dividends are paid by the company, which in this case is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Forex independent investments ### Answer: Unless you are buying a significant value of your goods in USD then the relative strength of USD versus your local currency will have little to no effect on w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: In a competitive market, why is movie theater popcorn expensive? ### Answer: It's because true competition does not exist in the movie theater business. If you wanted to open up a competing theater wh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the options for a 19-year-old college student who only has about $1000? ### Answer: $1000 is not that much, and I think the best you can do with them is keeping them in a high-yield savings a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What do people mean when they talk about the central bank providing “cheap money”? What are the implications for the stock market? ### Answer: Companies with existing borrowings (where borrowings are ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate my estimated taxes. 1099 MISC + Self Employment ### Answer: There is a shortcut you can use when calculating federal estimated taxes. Some states may allow the same type of estimatio...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to account for a shared mortgage in QuickBooks Online? ### Answer: What is the corporate structure? Your partnership agreement or LLC operating agreement should dictate how you approach this. ###e...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens to people without any retirement savings? ### Answer: This is a good question and you seemed troubled by this and this person's choices in life. And that is the rub, they are choices. T...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: If a company I bought stock in was de-listed but is now listed again under a new symbol, what happened to my shares? ### Answer: If the company went bankrupt, the issued public shares that were outsta...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can an Indian citizen/resident invest in a US company and collect the profits in India? ### Answer: Every month I will get a return in from my share of the profit which would be used for repayment of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is a reasonable rate of return and fee structure for a Roth IRA? ### Answer: A Roth IRA is just an account wrapper. Inside a Roth IRA you can have a plain 0.1% savings account, or a brokerage ac...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to lower the price of a stock while buying? ### Answer: You can choose to place successively lower buy limit orders, but whether they get filled or not is not a given; it depends on whe...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: As a 22-year-old, how risky should I be with my 401(k) investments? ### Answer: At 22 years old, you can afford to be invested 100% in the stock market. Like many others, I recommend that you consider...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can i have NRE accounts without OCI card? ### Answer: No, you do not need an OCI card to continue to have an NRE or NRO account. You are now classified as a PIO -- Person of Indian Origin -- (and you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the benefits of using financial advisors for wealth management? ### Answer: A financial advisor is your financial planning partner. Let's say you want to retire in 20 years or send your child...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the farthest someone would likely be stopped out from their stop loss without setting a stop limit? ### Answer: It depends on how you place your stop order and the type of stop orders availabl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What happens to my savings if my country defaults or restructures its debt? ### Answer: The danger to your savings depends on how much sovereign debt your bank is holding. If the government defaults ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: JCI headache part 1: How to calculate cost basis / tax consequences of JCI -> TYC merger? ### Answer: I finally found it! Johnson Controls International PLC FORM 8-K/A (Amended Current report filing) ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Advice on strategy for when to sell ### Answer: I bought 1000 shares of a $10 stock. When it doubled, I sold half, no need to be greedy. I watched the shares split 2 for one, and sold as it doubled an...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: 1031 Exchange and Taxes? ### Answer: You bought a rental property in 2001. Hopefully you paid fair value else other issues come into play. Say you paid $120K. You said you have been taking depreciati...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate how far a stock price can drop before a broker would issue a margin call? ### Answer: With your numbers, look at it this way - You borrowed $50. When the stock is $100, you are at 50%...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Form as LLC or S Corp to reduce tax liability ### Answer: An LLC or an S corp will result in the same tax obligations because both are pass-through tax entities. An LLC is more flexible for the situat...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I find the historical stock price for a specific stock on a specific date? ### Answer: A quick search showed me that UEP merged into Ameren on Dec 31, 1997, and Ameren still exists today. So ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Options tax treatment ### Answer: You would not owe any taxes in the 2015 year, unless you got exercised and called away in 2015. The premium would be short term capital gains barring some other excep...